So I’m still all in fighting for
pub but life has taught me never to stand still and never to not have many irons in many fires, without that you’ll never get to where you want and my desire for the pub is all consuming!
Glorious this weekend so went out with my son on the bike to look at other venues, looked at two that were no hope’s due to location/situation/business but wasn’t particularly interested so no great loss. Then on way home we looked at a curve ball, thought I knew the pub but my memories were seriously out of date! 100 cover restaurant, parking for 50 cars, long rolling gardens overlooking fields heading to river, two olde world bars with real fires. Sound good? Well it was but (there always is one) it trades heavy on the dry with last years barrelage down on mine at the Ship, its in the middle of nowhere with minimal local trade.
This all combines to say that you have to hit the road running, no slack when your rates are coming on for £2K a month! Would need as a minimum 3 waitress/bar staff, head, sous and prep chef even with me full time! That’s a hell of a leg up from where my business plans are and I really am not a dry led man I want my pub and I will suffer food but this places is like 75/25 dry/wet trading area split!
So that rules it right out, there’s no way I could be that mad? Or is it the ability to leap and to take risk that grows success? Is it the Bransons of the world that steal opportunity from risk? For me all I can tell you is I am laying on my bed in the Marriott at waltham abbey and the notepad is filled with the maths around a half million pound pub and its running costs . . . .